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CarMax, a used car retailer says price declines for SUV's and pickup trucks were severe in early months of 2008 with a 25% decline. The declines were sharpest in May and early June suggesting that things could get very bad for carmakers which don't make an abrupt and dramatic shift away from these types of vehicles.
Linked Articles
GM Puts Off Truck, SUV Redesigns In New Focus
Wall Street Journal 06/19/2008
Grim CarMax News Hits Auto MakersWall Street Journal 06/19/2008
Linked Articles
Grain Companies' Profits Soar As Global Food Crisis Mounts
Wall Street Journal 04/30/2008
Unilever Sales Rise as Its Prices ClimbWall Street Journal 11/04/2011
Improving unemployment figures in Ohio in 2012 with 7.2% unemployment has come with lower incomes in manufacturing and a lowering of expectations about the future.
Linked Articles
Ohio economy improving, but residents can’t feel it - The Washington Post
Washington Post 08/08/2012
The Wage That Meant Middle ClassNew York Times 04/20/2008
The Dacia and Logan brands manufactured in Romania are expected to cross the 1 million sales mark in 2012. The Logan and Dacia have established a presence in Europe as models known for reliability. Sales of these lower cost cars are popular with buyers in France who see this as a choice replacing buying a used car.
Linked Articles
Frugal Dacia Stars in Renault's Overhaul
Wall Street Journal 02/11/2008
Renault Takes Low-Cost LeadWall Street Journal 04/16/2012
How foreign investment will soften the duration and severity of the current recession.
Linked Articles
Overseas Investors Buy Aggressively in U.S.
New York Times 01/20/2008
U.S. Warning Signs Point Toward a Deep RecessionWall Street Journal 01/21/2008
It takes a deep knowledge of a place to know why things are turning out the way they are. Part knowledge of history, sidelining of Muslims after the British drove out the Mughals, knowledge of choices, choice of a separate state on religious lines, the creation of Pakistan, and knowledge of the cast of characters, Mohammed Ali Jinnah of the Muslim League whose picture here and his manners show a person aloof and more fitted to the British era,and the generals Ayub,Yahya, Zia and Musharraf.
Linked Articles
New York Times 01/06/2008
In Musharraf’s Shadow, a New Hope for Pakistan RisesNew York Times 01/07/2008
European examples of ethnic conflict over centuries, here the Scottish-English conflict -the struggles of William Wallace Robert Bruce and others. Ethnic and religious conflict caused the creation of Pakistan.
Linked Articles
New York Times 01/06/2008
Of Braveheart and BushWall Street Journal 01/05/2008
Zardari is another one of the cast of characters in the Pakistan story, this one associated with the Bhutto family. Brought down 2 civilian governments by engaging in widespread enrichment from government contracts.
Linked Articles
New York Times 01/06/2008
Pakistan's Zardari Poses A Quandary for U.S.Wall Street Journal 01/02/2008
Linked Articles
Ethanol Craze Cools As Doubts Multiply
Wall Street Journal 11/28/2007
Prices Surge as Drought Stunts Corn CropWall Street Journal 08/12/2012
Nissan's Ghosn opens factory in Tangier, Morrocco, to make the Logan, a $7500 car already made in several countries.
Linked Articles
Wall Street Journal 12/13/2007
Ghosn Bets Big on Low-Cost StrategyWall Street Journal 09/04/2007
Linked Articles
Pakistan Makes Offer to India On Settling Kashmir Dispute - WSJ.com
Wall Street Journal 12/06/2006
India Puts Kashmir on TableWall Street Journal 04/11/2012
Linked Articles
The Musharraf Exception - WSJ.com
Wall Street Journal 09/29/2006
Pakistani Stocks Rise on Musharraf's ExitWall Street Journal 08/19/2008
Environmental pollution in China's cities and increasing auto emissions that pose dangers to health. The situation in 2007 was deteriorating . By 2013 Beijing was seeing air quality extremes of 700 micrograms per square meter, with 500 routine. WHO standards show 300 micrograms as dangerous for health. Pressure to push for GDP growth is intense for local officals and the environmental agency lacked powers for enforcement. The car population was doubling every few years in this period 2000-2012.
Linked Articles
As China's Auto Market Booms, Leaders Clash Over Heavy Toll
Wall Street Journal 06/13/2006
As China Roars, Pollution Reaches Deadly ExtremesNew York Times 08/26/2007
The perception that "this time is different" is a typical behavioural reaction in history to to financial crises studied by Rogoff and Reinhart. Economic weakness is part of the mechanism for correcting global imbalances which happens over a number of years.
Linked Articles
Economy May Face Prolonged Pain, History Suggests
Wall Street Journal 05/05/2008
Boom, Bust. Repeat.Wall Street Journal 10/09/2009
The precarious condition of the Chinese consumer and first time buyer of cars, with no safety net in the economy for health care or unemployment. The severe downturn for Cherry and why GM cannot look to China for any kind of relief.
Linked Articles
With First Car, a New Life in China
New York Times 04/24/2008
China's Car Makers Seek Different Help: Lower Sales TaxesWall Street Journal 11/20/2008
The insurance itself was not insurance but a chance to use different accounting rules to take the issuance of collateralized debt obligations to new heights. ACA was an outfit by the river issuing flood insurance. It had an A rating and was supposed to insure AAA securities.
Linked Articles
BusinessWeek 04/03/2008
Building WonderlandNew York Times 04/06/2008
Smartphone competition from Chinese and Korean brands, Huawei and Samsung, and new technologies with the Android smartphones and the Apple iPhone have upended the market for mobile phones. Nokia an established competitor finds itself in a dangerous situation with a precipitious loss of market share at the low end and the high end, and eroding margins.
Linked Articles
Motorola to Spin Off Handset Unit, As Icahn Waits
Wall Street Journal 02/01/2008
Nokia Posts $1.2 Billion Loss as Sales Drop 29%New York Times 04/19/2012
Militancy shifts to a younger generation of leaders in the border provinces of Pakistan, Baluchistan, Northwest Frontier province and Waziristan. Taliban was a creation of the Pakistan army to create strategic depth for Pakistan by getting a Islami militant run organization take over Afghanistan after the Russians left. It has turned into a complete mess as that militancy has spread to Pakistan's border provinces.
Linked Articles
New York Times 01/06/2008
Next-Gen TalibanNew York Times 01/06/2008
After the assasination of Benazir Bhutto sentiment in the Sindh province to go its own way, fears that Sindh is not getting a fair share and benefit in Pakistan compared to the larger Punjab province.
Linked Articles
New York Times 01/06/2008
Bhutto Killing Roils Province, Spurring Call to Quit PakistanWall Street Journal 01/08/2008
The older politicians who are sobering up to the realities even in the border provinces are not for militancy, and badly want better health care, and hospitals. No one will turn down better infrastructure and standards of living and employment.
Linked Articles
New York Times 01/06/2008
Islamist Politicians Emerge As Pakistan's Power BrokersWall Street Journal 01/04/2008
Musharraf feels anger of Pakistanis after assasination of Benazir Bhutto because of lack of security provided to her.
Linked Articles
New York Times 01/06/2008
Growing Fury At Musharraf Deepens CrisisWall Street Journal 12/31/2007
Bernanke's views about the half point interest rate cut in 2002 in his first months as Fed governor showed his concerns for overheating of residential construction but also that this was overweiged by his concerns for deflation and economic gloom current at the time.
Linked Articles
Economist 09/20/2007
Fed in 2002 Feared Deflation, Newly Released Transcripts ShowWall Street Journal 04/11/2008
Two sister of the Pakistan Human Rights Commission try to bring better government and respect for human rights and freedom from arbitrary detention to Pakistan.
Linked Articles
New York Times 01/06/2008
In Pakistan, Two Sisters Turn Up Heat on MusharrafWall Street Journal 07/18/2007
Linked Articles
Lessons Learned? How US Airways Would Navigate Merger - WSJ.com
Wall Street Journal 11/20/2006
Steven Pearlstein: Two can play the airline bankruptcy game - The Washington PostWashington Post 04/29/2012
Shinsaegae's E-Mart, an offshoot of Samsung Group, and Samsung-Tesco, provide Koreans with a typically Korean outdoor market experience, something Carrefour and Wal-mart with the warehouse concept failed to do. A Korean retail executive says Koreans hate the warehouse concept. Stores need the personal quality of a market.
Linked Articles
South Korea's E-Mart Is No Wal-Mart, Which Is Precisely Why Locals Love It
Wall Street Journal 08/10/2006
Tesco's New CEO Clarke Is Company VeteranWall Street Journal 06/09/2010
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